Non-controlling interests arise when: A. the parent entity does not control a subsidiary in the group. B. the parent entity raises capital through preference shares that have thecharacteristics of debt to fund the subsidiary. C. the subsidiary has owners of equity who are not owners through their ownership interestin the controlling parent entity. D. the subsidiary has invested in other entities in which it does not have a controllinginterest.

Non-controlling interests arise when: A. the parent entity does not control a subsidiary in the group. B. the parent entity raises capital through preference shares that have thecharacteristics of debt to fund the subsidiary. C. the subsidiary has owners of equity who are not owners through their ownership interestin the controlling parent entity. D. the subsidiary has invested in other entities in which it does not have a controllinginterest.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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